Every few decades, we see a turning point in the design, performance, and purpose of a car. For example, the Ford Model T changed the industry by becoming the world’s first mass-producing car. McLaren F1 started the trend a few decades ago, and it hasn’t stopped since. After the 3-seater hypercar took the world by… Continue reading Here’s Why The Zenvo TS1 GT is Highly Underrated – HotCars
Tag: Uber
FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data
The Federal Trade Commission wants to limit the amount of personal information Drizly can collect as part of the enforcement actions it’s proposing against the marketplace and its CEO. According to the FTC, the alcohol delivery service that Uber had purchased in 2021 and its chief executive, James Cory Rellas, were alerted to security issues… Continue reading FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data
The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Arrival restructures (again), Bird shrinks and highlights from Disrupt
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Arrival restructures (again), Bird shrinks and highlights from Disrupt
WorkGenius Acquires JBC
WorkGenius, a New York-based freelance technology company, acquired JBC, a NY-based staffing company. Investments were provided by Carlos Medeiros, former partner at Softbank, and Chad Leat, former Vice Chair of CitiGroup, who join existing equity investors including John Jahr and Axel Sven Springer. Investcorp BDC and CION Invest Corp provided the debt facility and also invested in the equity. Carlos… Continue reading WorkGenius Acquires JBC
Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
DUBLIN, Oct. 24, 2022 /PRNewswire/ — The “Robo Taxis Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global robo-taxis market is expected to grow from $1.05 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 63.3%. The robo-taxis market is expected to grow to $11.01… Continue reading Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
Chip City Cookies Receives $10M from Enlightened Hospitality Investments
Chip City Cookies, a New York-based cookie brand, raised $10M in funding. Enlightened Hospitality Investments made the commitment. The company intends to use the funds to accelerate growth plans to scale its gourmet cookie concept beyond New York City, and strengthen its brand position within the competitive cookie segment, bolstered by its ship-anywhere partnership with Uber… Continue reading Chip City Cookies Receives $10M from Enlightened Hospitality Investments
The New Math of Wrinkling Patterns
A few minutes into a 2018 talk at the University of Michigan, Ian Tobasco picked up a large piece of paper and crumpled it into a seemingly disordered ball of chaos. He held it up for the audience to see, squeezed it for good measure, then spread it out again. “I get a wild mass… Continue reading The New Math of Wrinkling Patterns
7 Best Bike Locks (2022): U-Locks, Chain Locks, and Tips
Leaving a bike unsecured outdoors is like leaving a stack of money on a bench with a sign that reads, “Don’t take me.” Bicycles (and electric bicycles) are amazing machines, but one of their downsides is that they’re incredibly easy to steal. Because thieves are most often lazy opportunists, they target the bikes that look… Continue reading 7 Best Bike Locks (2022): U-Locks, Chain Locks, and Tips
Uber pilots electric cab offering in India
Uber has started offering electric vehicles to customers in certain parts of the Delhi-NCR region and says it will be expanding its efforts over the coming months. The electric cabs are currently only available for pre-scheduled trips. “As the leading mobility app in India, we are committed to supporting the Indian government’s emission goals. Expect… Continue reading Uber pilots electric cab offering in India